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Zargon Oil & Gas Ltd ZARFF

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.


GREY:ZARFF - Post by User

Comment by rad10on Mar 22, 2019 7:18pm
74 Views
Post# 29525743

RE:RE:RE:RE:RE:RE:Let's See Who Big Debenture Holders Are

RE:RE:RE:RE:RE:RE:Let's See Who Big Debenture Holders Areyou obviously have a personal vendetta - seems like this is consuming you.

Happy to share my losses - as I am not a perfect investor.  80K down on the wretched Zargon conversion.  But we suck it up and make it back on deals in hydro one IR's, Aimia preferred and notes, and long positions in TRST etc.  I don't need the capital loss as yet - so holding a gazillion ZAR shares for the time being.

With WCS @ 50 bucks US - looks as though Zargon will get the breathing room it needs.

Twin Butte was one of my favourite speculative trades - I would love to say that I was short the stock and long the deb's.  but that would be lying.  I loaded up on the debentures as soon as I discovered who else had a significant stake - my favourite Bay St pitbull.  Exceptional ROIC.

Always looking at interesting distressed debt opportunities - let me know if you have any.

Give us something useful - other than vitriol for a couple of posters.  Always looking for opportunities -  "rolling in dough" It's a great aspirational username!

GLTA




RollinInDough wrote: wow there... now you admit being down... earlier you said you are up... lies getting too hard to keep straight?  what a maroon...

yes blue chip su owner that owned debs in a bankrupt jun ior like tbe... story was always just a lie

as for petroexplorer... the guy that said the oil produced under the GOR owned by NWX was drying up...  that guy?  seems the oil is far from drying up... the operator just announced a 100% increase in the oil reserves.... 100%... hardly drying up.. it is an explosion of new reserves... so petroexplorer ain't the sharpest tool in the shed... OH wait he lost a ton owning tbe too... owns zar at well over 40 cents... most likely well over $4.... but it is all good... all  dummies lose money and that is what I enjoy watchin'


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